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North Cook News

Friday, April 19, 2024

Buffalo Grove unveils 2016 draft budget

Budgeting

Contributed photo

Contributed photo

The Village of Buffalo Grove will formally present its 2016 draft budget at the Nov. 16 board meeting, but  residents can review it now at www.vbg.org/530/Budget.

The 2016 budget is a crucial road map for the village in the upcoming year, taking a fiscally conservative and forward-looking approach.

Core services provided by the village include administration, finance, public works, police and fire services, civil engineering, building inspections, urban planning and-zoning, golf operations and community-event support. Regional partnerships or commissions provide non-core services, including water delivery to the village water system, while contract services provide trash collection and sewer services. Non-core services are covered in part by direct and indirect fees, including the 911 surcharge, ad valorem tax levy and user fees.

The village's 2016 draft budget continues a conservative approach in maintaining reserve funds for Buffalo Grove's operating needs while meeting its long-term financial goals. The village also continues to plan for its growth and development through FY 2016.

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